Tag: UK
Zopa edges nearer to challenger bank status after £140m funding round
Zopa, a peer-to-peer (P2P) lender with the goal of becoming a challenger bank, has secured £140m in funding.
EBA releases guide to help consumers choose best online bank for...
The European Banking Authority (EBA) has released new advice for consumers when choosing an online banking or mobile banking services.
Alternative lending platform Student Finance nets €1.15m
Student Finance, a startup offering students an alternative to a loan, has reportedly raised €1.15m in a funding round.
HSBC and Santander to refund customers after breaching CMA rules
HSBC and Santander are to refund their customers after they both failed to comply with the Competition and Market Authority’s (CMA) rules.
UK’s FCA launches consultation on benchmark administrators under SM&CR
The UK’s Financial Conduct Authority (FCA) has released a consultation on how to apply the Senior Managers Regime (SMR) to benchmark administrators.
Around 30% of Bó applications have been fraudulent
Bó, the new digital bank from RBS, has reportedly been hit by a wave of fraudsters during the short time it has been live.
Around 30%...
SMEs want more education around Open Banking – Intuit Quickbooks claims
Despite Open Banking first being revealed two years ago, there is still a lot of confusion around what it actually is, a new study from Intuit QuickBooks claims.
Citigroup fined £43.9m for regulatory reporting failures
The UK’s Prudential Regulator Authority (PRA) has fined Citigroup £43.9m for failings in relation to their internal controls and governance arrangements.
A quarter of UK shoppers would rather queue on Black Friday...
One in four UK shoppers find queuing instore during Black Friday is a more relaxing experience than buying something on their mobile phone, new research from Judopay claims.
Tymit raises £4m to support growth of its transparent credit card
Tymit, which offers a credit card supported by a mobile app, has collected £4m in its funding round.
